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Originally Posted by JoeyT
The only reason I even bothered with this article is because this George Green is (per the info in the first paragraph) supposed to be a pretty BIG guy in the financial world--but google his name and all you find are links to his radio interviews and videotaped symposiums--nothing on his background. Therein lies a mystery.
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No mystery about it.
This has all of the elements of a typical internet hoax. They all use the same basic format.
1) he is a former (insert position/title)
2) who was/is...a member of...(insert name of maligned group here -- typically Masons, Vatican Council, CFR, Bilderburgs, Rothschilds, Skull & Crossbones, CIA or whoever).
3) However, faced with a moral and ethical dilemma....(or had an epiphany or revelation or got 'saved' or whatever),
4) ...tried/tries/trying to warn the world of ....(insert name of maligned group here).
5) ...an as yet unidentified ...(insert "source" of info here)
And then we arrive at the main point. Don't laugh, the set up is very important and an integral part of the delivery.
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The bottom line is that Bush is now expected to introduce Martial Law on or before 30th September 2008
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That rumor's been going around for years. It sells books and rakes in dough from subscriber fees.
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- since this date marks the end of the Fiscal Year, when revelations about the true state of the economy - and the questionable practices of the Federal Reserve - are likely to result in riots in the streets and stockbrokers, bankers and financiers throwing themselves off the roofs of their buildings!
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Now, you said the guy is "pretty BIG" in the financial world.
Well, we, in the economic and financial world know that nothing will happen on September 30, nor could it.
Did the US enter into a recession during the 3rd Fiscal Quarter/2nd Calendar Quarter 2008 (April 1 to June 30)?
We don't know, and won't know the answer until August 15. That's how long it takes to gather the preliminary data, crunch the numbers, analyze them and come to a conclusion.
Is the US currently in a recession in this 4th Fiscal Quarter/3rd Calendar Quarter 2008 (July 1 to September 30)?
Again, we won't know the answer until November 15, because that's how long it takes to gather the data, crunch the numbers, review them and draw conclusions.
If you want to know the whole picture with government expenditures, revenues and so forth, for the whole fiscal year, that takes about 6 months and the preliminary data is usually released the first or second week of March the following year.
The point is, you won't know anything on September 30, and the "pretty BIG guy" should know that.
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but keep an eye on any War Games scheduled to take place in September 2008. My own money is on a Fort Detrick created Flu Pandemic spread primarily by compulsory vaccination but, judging from the deliberate complexity and diversity of 9/11, we must be prepared for multiple false flag events to throw state government and the citizenry off balance.
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That's an obvious allusion to Operation Noble Resolve, except that scenario is a small yield nuclear weapon detonated in the US, not a pandemic.
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1. At the beginning of July, the Bank of International Settlements in Switzerland, which is owned by the thirteen [Illuminati] Banking Families under Rothschild, stated that it wanted to audit the US Federal Reserve. Bush reluctantly had to agree to this, but with the proviso that the audit would not be conducted until he has left office. However, when the truth inevitably leaks out on 30th September 2008, clearly the Bank of International Settlements will no longer be prepared to accept the US Dollar.
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Again, nothing will happen on September 30.
To audit the Federal Reserve would take 6 to 12 months anyway.
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2. With the realization that the Federal Reserve has been pumping two billion US Dollars a day into the economy in a forlorn effort to try to keep the US afloat
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In March 2008, M1 + M2 was 7,664.1 Billion.
In April 2008, M1 + M2 increased to 7,679.7 Billion
In May 2008, M1 + M2 increased to 7,688.1 Billion
In June 2008, M1 + M2
decreased to 7,686.7
The increase from April to May was $11 Billion. That would be $368 Million per day, not $2 Billion per day.
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3. This situation has a worldwide repercussion: for example China, which is the biggest US creditor, has told US importers that they may not pay more then 20% of the total cost of their goods in US Dollars.
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So? Israel told the US it wants its US taxpayer welfare payments paid 100% in Euros, not 80%.
That doesn't really mean much except for the slight cost to convert currencies.
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4. Also since the beginning of July, Germany has announced that it will no longer accept Euros from eight of their fellow EU members, the two countries with which they are most concerned being Italy and Spain.
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That isn't what happened, not to mention it makes no sense and violates a treaty agreement. Germany does business in Euros, of course they'll accept payment from other Euro-using countries, like Spain and Italy.
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5. The Real Estate market is expected to go down by an additional 50% from its value on 16th August.
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Not really relevant. Be very wary of "statistics" that claim to be representative of the "national average."
Who makes the most money?
a) Someone in Los Angeles earning $36,000/year
b) Someone in Indianapolis earning $26,000/year
c) Someone in Cincinnati earning $25,000/year
d) Someone in Hattiesburg earning $16,000/year
The correct answer is "C." It isn't how much money you make, it's what you can buy with it.
To evaluate housing, you have to independently review all 371 Metropolitan Statistical Areas (MSAs) and examine the median salaries and cost of living, which affects housing prices/values, and then look at the supply and demand of housing. Then you'd have to factor in mortgage rates, which vary greatly from state to state, as well as from MSA to MSA (even in the same state).
Some markets are actually up (Cincinnati is up 26%), some are down.
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6. This has had a knock-on effect on would-be house purchasers. Like the old days, anyone who now wants to get a mortgage has to put 20% down and to satisfy the lender that their job is secure.
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It's of no consequence. I would suggest that anyone who can't save 20% for a down payment isn't deserving of either a home or a mortgage.
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7. You may have seen Bush go on television to tell everyone not to worry as the US Government-sponsored Federal Deposit Insurance Corporation (FDIC) will guarantee the safety of their bank deposits. However, the truth is that the FDIC can barely raise 30 cents on the dollar to cover its potential liabilities; and Bank of America and Wells Fargo are in a similar situation.
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That depends on the market (the MSA).
One of the reasons Keating had all of his convictions over-turned was because the government claimed Keating's properties were over-valued and then the government sold the properties at well-below market value to prove they were over-valued. As one judge noted, it was unconscionable that a building in Houston, Texas could be sold for $12.14/square foot while the government auctioned off a building a few blocks away on the same day for $0.18/square foot.
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8. Banks have already started telling their depositors that they cannot withdraw their own cash.
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That's in violation of banking laws. Surely a savvy depositor would have recorded such a conversation and already filed a class-action lawsuit.
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9. It is universally accepted internationally that the US Dollar is going to collapse by the end of September 2008.
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It is not universally accepted.
As I have repeatedly stated, there is sufficient demand for US exports, plus the fact that the idiot Canadians and stupid Mexicans continue to sell commodities like oil and natural gas in US$, not to mention many countries not only continue to trade in US$, but their currency is the US$ (like Ecuador) to keep the US Dollar around $1 = 0.60-0.64 Euro.
A number of (oil producing) countries like Indonesia, Malaysia, Singapore, Angola, Venezuela, Algeria and Nigeria are preparing oil bourses or considering it. If all of those countries or some in conjunction with other countries switch to Euros, Rubles or basket currencies, it'll drive the US$ down to $1 = 0.46 - 0.48 Euros, where it would remain stable for about 10 to 12 years.
If the US does not invade Iran and gain the ability to force its hegemony on Central Asia, then as oil and natural gas production in Central Asia ramps up from 1.5 Million barrels per day to 6 Million barrels per day over the next 12 to 15 years and is sold in Euros, Rubles or basket currencies, demand for the US$ will drop further and the US$ will sink to $1 = 0.26 - 0.28 Euros.
But that's 12 to 15 years away and there's no danger of the US$ collapsing.
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Some foreign banks have already started to refuse to take US deposits and, since the Patriot Act, if you do manage to send money to a foreign bank, they are required to report the fact to the USG, who will make you prove how you obtained it and if you cannot do so, they will automatically label you a 'terrorist' or a 'drug dealer' and confiscate it.
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That's really old news, and one of the reasons the US no longer publishes the M3, but again, it is not an omen of the collapse of the US$.
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10. The Bank of South America is trying to organize its own currency for use within the South American continent when the US Dollar finally crashes, based on an initial provision of eight billion dollars.
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Um, no.
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Set up by Brazil, Venezuela, Argentina, Uruguay, Paraguay, Ecuador and Bolivia, the Banco del Sur's headquarters are going to be in Caracas, with offices in Buenos Aires and La Paz.
The idea was born after what analysts say were the failed economic recipes suggested by the IMF and the World Bank. The agreements to formally set up the bank were signed at a ceremony at the presidential palace in Buenos Aires, hosted by Argentine President Nestor Kirchner and his wife, President-elect Cristina Kirchner who is being inaugurated on Monday.
Bolivian President Evo Morales said the bank would provide a tool to help to combat poverty in the region and brought "new hope" for the people of South America.
President Hugo Chavez of Venezuela said such a proposal had been "unthinkable a decade ago". Today, he said, "it is a political reality that forms part of an economic and social war".
The bank aims to start with capital of $800m (£400m) and eventually gather $7bn, with funds to deal with natural disasters and develop joint scientific and economic projects across the region.
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11. As at July 1st, the Japanese stock market was down 12%, the Australian stock market was down 18%, the German stock market was down 22%, the Indian stock market was down 36%; and China's Shanghai Exchange was down 50%.
12. Within the next year, the DOW is expected to fall to between 7500 and 8000.
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Of no relevance or importance.
All companies have a few dozens means of raising capital. Publicly traded corporations have all of those means, plus one more method that other forms of business are barred by law: the sale of stocks.
Stocks are simply one of a few dozen ways a publicly traded corporation can raise capital, and nothing more.
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14. The only sensible advice is either to change dollars into other currencies, or buy gold and silver (while you still can, because the US is likely to make it illegal to own gold); and stock up on canned food, the price of which is going to go through the roof. Already the major canners have reduced the size of cans by 20% to preserve stock whilst also maximizing their profits.
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Whilst?
A Brit wrote this?
That explains a lot. I'm sure he wants to scare everyone into buying gold, silver and Euros so he can make a killing.
The internet is unregulated and you have to be wary of people pushing agendas.
Take Wayne Madsen, who claims to be a former CIA agent. He claims on his web site that a US B-52 loaded with the only 3 nuclear weapons produced by South Africa crashed off the coast of Somalia and the nukes were recovered by "Arabs."
What's wrong with that picture? Anyone?....Bueller?...Bueller?
There are no runways anywhere in South Africa (or in southern Africa for that matter) that are long enough to handle a B-52 landing or taking off.
And we know that B-52s do not hover.
So, since a B-52 cannot land at any civilian or military airport anywhere in southern Africa, and since B-52s cannot hover, how did they get the 3 nukes on board?
Did the B-52 fly 10 feet off the ground with the bomb bay doors open and someone threw the nukes into the bomb bay so the B-52 crew could try to catch them?
That would be a sight to see.
Madsen is a shill for the government and pushes and hypes the "kill the Arabs" agenda.
Whenever you view information on the internet, you always have to consider the source (trace back the site owners/sponsors and you'll find many have links to Zionist Jewish groups), and their agenda.
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15. Already 80% of the cost of an apple in the markets is energy costs; and this proportion is likely to rise. We have already started to see the situation where growers, producers and importers have stopped supplying many basic foodstuffs because the price of oil has meant that the cost of getting it to market is more than they can hope to sell it for. The food shortages that have resulted are likely to become even more acute because the USG is talking of introducing price controls. Who will be prepared to continue to supply the market when they are sustaining increasing losses?
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The solution there is for the states and federal government to eliminate the regulations on agriculture (as well as subsidies to corporate farms) to allow small farms to enter the business.
Then food can be grown locally, reducing transportation costs. Refurbishing and updating the local canneries in your town that closed two decades ago after corporations took over agriculture would reduce costs further, as well as provide jobs.
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16. The falling value of the dollar has created artificial shortages because other countries can now buy US goods cheaper than they can produce them themselves.
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That isn't true at all. Fortunately, the US already had a well-positioned export market. There are numerous business and manufacturers that produce only for the export market. Around here for the last decade, small non-union private corporations and partnerships in the export sector have been consistently named as the best places to work, with the best wages and benefits.
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17. Inflation is expected to rise by 35 - 40% by the end of this year in real terms. Gasoline 5 Dollars a Gallon everywhere.
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That's debatable. The 23 ethanol plants starting production are going to eat a huge chunk of the corn market, and that will drive up prices for corn-related products like it did two years ago. Gasoline was not $5/gallon anywhere I know of.
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18. Following the collapse of the US Dollar, the Euro is also expected to collapse. In fact, Russia is already negotiating with Germany about a new currency.
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That isn't true. The writer has taken a few ideas proposed at a conference in Russia a number of years ago, and a few statements made by a former director of the Deutsche Bundesbank out of context and exaggerated them.
Actually 4 high capacity fiber optic cables were cut, blacking out the internet in Iran, the UAE and a few other countries. You can bet a US submarine involved somewhere.
Regardless, it would only drop the US$ about 4-6 points.
You can get the same effect by electing Obama and having him withdraw troops from Iraq, then the new Iraqi government elected in December 2009 can start selling oil in Euros again.
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20. You can forget about the NAU's Amero. The Amero is off the table - the Canadian Prime Minister said 'We're not going to support a bankrupt country'
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That's funny, because as long as Canada continues to trade in US$, it is supporting "a bankrupt country."
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21. In the future, South America will be one of the safest areas on the planet. They have ample commodities and very little debt. Not everywhere is ideal (in some countries you would need to live in a defended compound).
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Thanks to the Chinese and decades of horridly bad US foreign and trade policies.
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Ecuador is close to becoming self sufficient in food terms.
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Perhaps someone should tell the writer that the official currency in Ecuador is US Dollars.
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22. Kissinger and the population reduction crew are trying to get WW3 started before September 30th (end of the US Fiscal Year), then Bush can suspend everything. Israel and the US are working out the details to attack Iran to start WW3.
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Invading Iran will not start WW III.
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The main reason for the use of Depleted Uranium munitions in Iraq is 'to cull the herd'.
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I just knew DU would show up somewhere. DU isn't harmful, and in this instance, isn't the culprit. When I see U236 appear in studies, I know we're talking about either the decay of Pu240, or nuclear waste (which is not the same as DU).
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23. Of the US population of 300 million, half are over 50 and most of the kids can't read or write. Sport and entertainment are what has been used to keep everyone going. When (rather than if) Bush calls a National Emergency, if you are over the age of 44 only if you have a use which 'they' want will 'they' be prepared to keep you alive. Moreover, what law will we have which says that we even own our own homes?
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The US could barely handle 10,000 insurgents with 160,000 troops.
Imagine 100,000 better trained insurgents.
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24. Everybody must downsize into small self-contained and (as far as possible) self-sufficient communities, People will have to forget their 'wants' and to concentrate solely on what they actually need to survive.
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So which is it? Are supposed to go long on gold, silver and the Euro? Or stock up on canned goods and down-size?
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